208 million dollars will flood the market

The crypto ecosystem will witness a sell-off of several crypto tokens due to token release. Investors will unlock a total of $208.53 million worth of tokens in the next 7 days. Let’s explore these tokens and see what we can expect from the market.

Important token activations are imminent

The Drops tab data shows that 26 tokens will be unlocked in the next seven days. Let’s see which ones are at the top.

Almost protocol

Near Protocol. This is because the unlock will occur in the next 5 hours. This token is currently trading at $6.34 and has a market cap of $7 billion. Currently, 94.70% of the total supply is in circulation. In the next 5 hours, 254,683 Near tokens will be released through vesting. Near Protocol will systematically release these tokens over a vesting period of 48 months. Investors have already received 88.55% of the total locked tokens. This unlock will release an additional 0.03% of the supply to the market. 11.45% of the total market cap of this token is still locked. This gives a total locked supply of $726 million. Every day, 0.03% of the maximum supply is released. The last unlock round will take place on October 12, 2025.

XPLA

At a current trading price of $0.1244, the XPLA token has a market cap of $77.16 million. This token is also scheduled to be unlocked in the next 5 hours. This will bring a total of 18.74 million XPLA tokens to the market. 80.75% of the total locked tokens have already been unlocked. Today’s unlock will unlock an additional 0.94% of the supply. The last unlocking round will take place on December 21, 2026.

MintLayer

Launched in March 2023, this token has only 10.70% of its total supply in circulation. With a current market cap of $9.67 million, this token is trading at $0.15. 17.51% of the total supply is locked for a long vesting period. Every month, the vesting contract releases 1.12% of the total supply until February 2025. After that, the market releases 0.35% from March 2025 to December 2025.

Besides these 3 tokens, SAFE, ALT, FP, ID, FIDA and another 18 tokens will be released from the locked supply. You can view the complete list of all tokens scheduled to be released in the next 400+ days and plan your actions accordingly.

Impact of the Token Unlock Market

Historical market data shows two outcomes when investors release vested tokens. Either investors take out their profit or stake the tokens in various protocols to earn returns. The staking feature is not available for all crypto tokens. People can sell released tokens even if they cannot invest the amount in other emerging cryptocurrencies. In most cases, investors benefit from the vested tokens because they bought them during the pre-launch or ICO rounds.